GM and LG to jointly develop EVs

General Motors and LG Group will jointly design and engineer future Electric Vehicles (EVs), expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. Teams of LG and GM engineers will work on key components, as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold in many countries. Timing of the launch of the first vehicles resulting from the partnership will be announced closer to market
June 22, 2012 Read time: 1 min
General Motors Chairman and CEO Dan Akerson and Juno Cho, President and COO of LG, signing the agreement to cooperate on future electric vehicles
948 General Motors and 954 LG Group will jointly design and engineer future Electric Vehicles (EVs), expanding a relationship built on LG’s work as the battery cell supplier for the 1960 Chevrolet Volt and 4233 Opel Ampera extended-range EVs. Teams of LG and GM engineers will work on key components, as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold in many countries. Timing of the launch of the first vehicles resulting from the partnership will be announced closer to market readiness. The agreement does not involve an exchange of equity between the companies.

The definitive agreement will help GM expand the number and types of electric vehicles it makes and sells by using LG’s proven expertise in batteries and other systems. For LG, the arrangement represents a widening of its portfolio as an automotive solution provider.

Related Content

  • Qualcomm and automotive companies to drive C-V2X commercialisation
    February 27, 2018
    Qualcomm Technologies (QCOM) is working with an ecosystem of carmakers and automotive suppliers to accelerate the commercial introduction of Cellular Vehicle-to-Everything (C-V2X) technology using its 9150 C-V2X chipset solution. The participants are seeking to utilise the device for next-generation vehicles and roadside infrastructure, staring in 2019. 9150 C-V2X is said to feature improved direct communication range, reliability and latency when faced with congested roadways. It is planned to be
    Read More
  • Volvo to start selling heavy hybrid trucks
    February 2, 2012
    Volvo Trucks has announced that it is starting to sell heavy hybrid trucks following a series of comprehensive field tests. In June, limited series production of approximately 100 hybrid trucks will get under way.
    Read More
  • Cars reinvented: huge new opportunities and dangers, says IDTechEx
    December 2, 2016
    The new IDTechEx report, Electric Car Technology and Forecasts 2017-2027 finds that the biggest change in cars for one hundred years is now starting. It is driven by totally new requirements and capabilities. They will cause huge new businesses to appear but some giants currently making cars and their parts will spectacularly go bankrupt. Cities will ban private cars but encourage cars as autonomous taxis and rental vehicles. Already 65 per cent of cars in China are bought by businesses. The Japanese wa
    Read More
  • Allguth and The Linde Group launch hydrogen filling station, Munich
    October 24, 2017
    Medium sized oil company Allguth has teamed up with technology company The Linde Group (LG) and opened a hydrogen (H2) filling station for fuel-cell vehicles in Munich’s Trudering district, Germany. The Federal Ministry for Transport and Digital Infrastructure (BMVI) supported the construction of the facility with €400,000 (£356,000) from its National Innovation Programme for Hydrogen and Fuel Cell Technology (NIP) and it will be operated by the infrastructure partner H2 Mobility.
    Read More

Highlighted Content